Financials Renold plc

Equities

Market Closed - London S.E. Other stock markets 11:35:26 2024-04-26 am EDT			5-day change	1st Jan Change
48.4 ^GBX	+1.26%		+6.14%	+38.09%

Apr. 15	Renold beats market expectations with record-setting annual orders	AN
Apr. 15	Mitie unveils buyback; Inchcape sells UK retail arm	AN

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	60.41	19.54	48.69	44.65	53.06	101.2	-	-
Enterprise Value (EV) ¹	90.41	56.14	48.69	58.45	82.86	136	130.8	130.5
P/E ratio	8.38 x	5.78 x	-	4.66 x	5 x	6.25 x	6.45 x	6.37 x
Yield	-	-	-	-	-	-	0.83%	-
Capitalization / Revenue	0.3 x	0.1 x	0.29 x	0.23 x	0.21 x	0.42 x	0.42 x	0.41 x
EV / Revenue	0.45 x	0.3 x	0.29 x	0.3 x	0.34 x	0.56 x	0.54 x	0.53 x
EV / EBITDA	3.75 x	2.62 x	2.28 x	2.37 x	2.29 x	3.38 x	3.15 x	3.12 x
EV / FCF	-17.4 x	33 x	-	4.68 x	9.98 x	7.19 x	9.91 x	9.89 x
FCF Yield	-5.75%	3.03%	-	21.4%	10%	13.9%	10.1%	10.1%
Price to Book	37.7 x	-	-	7.59 x	1.35 x	1.92 x	1.45 x	-
Nbr of stocks (in thousands)	225,418	225,418	225,418	217,795	208,060	209,153	-	-
Reference price ²	0.2680	0.0867	0.2160	0.2050	0.2550	0.4840	0.4840	0.4840
Announcement Date	5/28/19	6/16/20	7/16/21	7/13/22	7/12/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	202.4	189.4	165.3	195.2	247.1	241.2	243.1	248
EBITDA ¹	24.1	21.4	21.4	24.7	36.2	40.2	41.5	41.8
EBIT ¹	16.4	13.4	-	15.3	24.3	29.1	29.75	30.8
Operating Margin	8.1%	7.07%	-	7.84%	9.83%	12.06%	12.24%	12.42%
Earnings before Tax (EBT) ¹	11.2	4.9	-	12.4	17.3	22.55	21.7	23
Net income ¹	7.7	1.8	-	10.2	11.8	16.55	15.05	15.8
Net margin	3.8%	0.95%	-	5.23%	4.78%	6.86%	6.19%	6.37%
EPS ²	0.0320	0.0150	-	0.0440	0.0510	0.0775	0.0750	0.0760
Free Cash Flow ¹	-5.2	1.7	-	12.5	8.3	18.9	13.2	13.2
FCF margin	-2.57%	0.9%	-	6.4%	3.36%	7.84%	5.43%	5.32%
FCF Conversion (EBITDA)	-	7.94%	-	50.61%	22.93%	47.01%	31.81%	31.58%
FCF Conversion (Net income)	-	94.44%	-	122.55%	70.34%	114.2%	87.71%	83.54%
Dividend per Share ²	-	-	-	-	-	-	0.004000	-
Announcement Date	5/28/19	6/16/20	7/16/21	7/13/22	7/12/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	30	36.6	-	13.8	29.8	34.8	29.6	29.3
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.245 x	1.71 x	-	0.5587 x	0.8232 x	0.8644 x	0.7133 x	0.701 x
Free Cash Flow ¹	-5.2	1.7	-	12.5	8.3	18.9	13.2	13.2
ROE (net income / shareholders' equity)	837%	-	-	-	58.6%	29.8%	23.3%	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	0.0100	-	-	0.0300	0.1900	0.2500	0.3300	-
Cash Flow per Share ²	0.0400	0.0500	0.1200	0.1000	-	0.1300	0.1200	0.1100
Capex ¹	10.7	9.2	-	5.3	8.4	10.5	10.5	10.5
Capex / Sales	5.29%	4.86%	-	2.72%	3.4%	4.35%	4.3%	4.23%
Announcement Date	5/28/19	6/16/20	7/16/21	7/13/22	7/12/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.484 GBP

Average target price

0.715 GBP

Spread / Average Target

+47.73%

	1st Jan change	Capi.
RENOLD PLC	+38.09%	126M
ATLAS COPCO AB	+11.73%	82.35B
PARKER-HANNIFIN CORPORATION	+20.17%	71.09B
INGERSOLL RAND INC.	+20.89%	37.73B
XYLEM INC.	+15.77%	32.01B
FANUC CORPORATION	+9.19%	27.2B
FORTIVE CORPORATION	+3.18%	26.74B
SANDVIK AB	+4.22%	26B
TECHTRONIC INDUSTRIES CO. LTD.	+16.93%	25.5B
DOVER CORPORATION	+17.14%	24.76B